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Public Employees' Retirement Division, Department of Administration Financial-Compliance Audit for the Two Fiscal Years Ended .. 1995

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The amount of the benefit is either: 1) the actuarial equivalent of the service retirement benefit earned if non- service related, or 2) for members with more than ten years of service and whose disability incurred in the line of duty, a monthly benefit equal to one-half of the member's final average salary.
D. SURVIVOR BENEFITS Page C-5 Upon the death of an active member of the system, survivors are entitled to STATE OF MONTANA GAME WARDENS' RETIREMENT SYSTEM NOTES TO THE FINANCIAL STATEMENTS
...(continued) either: 1) in the case of a duty-related death, a monthly benefit equal to one-half of the member's final average salary or 2) in the case of death from other causes, a monthly benefit based upon the salary, age and service of the member. The survivor(s) may elect a refund of the member's accumulated contributions and interest in lieu of the monthly benefit.
E. BENEFIT ENHANCEMENTS AFTER RETIREMENT Post retirement adjustments provide annual permanent monthly benefit increases funded from annual investment earnings exceeding the actuarially required 8% yield.


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